253 MacDonnell Street, Kingston, ON
Property no longer active
This property was sold on March 27, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,299,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 9 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 33.04 x 118.61 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: On Demand Water Heater, ERV/HRV, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
TURNKEY INVESTMENT OPPORTUNITY IN PRIME DOWNTOWN LOCATION! This newer built detached duplex is a perfect, low-maintenance addition to any investment portfolio. With a total of 9 bedrooms, this property features a 5-bedroom, 2-bath unit and a 4-bedroom, 2-bath unit. Located in a high-demand rental area, it's just minutes from Queens University, Princess Street, hospitals, and the Memorial Centre, ensuring a steady stream of tenants year after year.Built with top-tier construction, the home boasts an ICF foundation for superior energy efficiency and durability, 45-year asphalt shingles, and sleek black windows, soffits, and eavestroughs that add a modern touch. Each unit comes with in-suite laundry for tenant convenience, and with separate meters for water, gas, and electricity, tenants cover all utilities maximizing your bottom line.With rear parking for 2-3 cars and its unbeatable downtown location, this property is a cash-flowing, hassle-free investment in one of the most sought-after rental markets. Opportunities like this don't last long call today before it's gone!
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Property Summary
This duplex located at 253 MacDonnell Street, Kingston is currently for sale and has been available on SousaSells for 499 days. This property is listed at $1,299,900 with an estimated mortgage of $4,327* per month. It has 9 beds, 4 bathrooms, and is 2000-2500 square feet. 253 MacDonnell Street, Kingston is in the 14 - Central City East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Interior Features
On Demand Water Heater, ERV/HRV, Primary Bedroom - Main Floor
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 253 MacDonnell Street, Kingston, ON K7L 4C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $1,299,900 in Kingston, the legal minimum down payment is $259,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,473 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.